PROJECT REPORT

OF
M/S. BANAS NEER
PROP. MR. DALRAMBHAI BHAGWANBHAI PATEL

THARAD, DIST. BANASKANTHA - 385565

BRIEF REPORT ON PROJECT COST FOR MANUFACTURING OF

PACKAGED DRINKING WATER BOTTELS

PREPARED AS PER THE INFORMATION ENVISGED

CA NAMAN AGARWAL
PROPRIETOR
M.NO. 195468
PLACE : ABUROAD
DATE : 21/08/2023
MOB: 9898438420
EMAIL : [email protected]
 M/S. BANAS NEER
PROP. MR. DALRAMBHAI BHAGWANBHAI PATEL
THARAD, DIST. BANASKANTHA - 385565

PROJECT REPORT

SUMMARY OF PROJECT COST

AMOUNT IN Rs.
PARTICULARS TOTAL
COST OF PROJECT

WATER TREATMENT PLANT 1,730,000

(12,000 litres per hour)

BLOW MOLDING MACHINE 1,350,000

(1800 bottles per hour)

BOTTLING MACHINE 2,050,000

(90 bottles per minute)

LABORATORY 285,000

LABELLING MACHINES 1,455,000

OTHERS 1,436,800

WORKING CAPITAL 2,500,000

(incl. cost of materials purchase)

TOTAL 10,806,800

MEANS OF FINANCE

PARTICULARS TOTAL

PARTNERS OWN CAPITAL 1,006,800

BANK LOAN 9,800,000

TOTAL 10,806,800
 M/S. BANAS NEER
PROP. MR. DALRAMBHAI BHAGWANBHAI PATEL
THARAD, DIST. BANASKANTHA - 385565
PROJECT REPORT
Recurring Expenses
Basis
Working day per annum 300 days
No. of shift per day 1
Hours per shift 8 hrs.
ldle time per shift 0.5 hrs.
Machine setting time per shift 0.5 hrs.
Machine time available 7 hrs.

lnstalled Capacity
(2000 ltr/hr.) 4,200,000 bottles/p.a.
1 bottle = 1 ltr.
Sale Value = Rs.7/ltr.

Year I II III IV V
Utilisation (in %) 70% 80% 85% 90% 90%
Production estimated (bottles) 2,940,000 3,360,000 3,570,000 3,780,000 3,780,000

VI VII VIII IX X
100% 100% 100% 100% 100%
4,200,000 4,200,000 4,200,000 4,200,000 4,200,000

Sales Value (29,40,000 bottles x Rs.7/bottle) 20,580,000

Cost of Raw materials (29,40,000 bottles x Rs. 5/bottle) 14,700,000

Power & Fuel

assume power,fuel,water cost would be 3% of tt receipts 617,400

Salary & wages No. Salary per person (p.m.) Total (p.a.)
Manager 1 15,000 180,000
Labour 5 12,000 720,000
Operator 1 9,000 108,000
1,008,000

Other manufacturing Expenses

(1% of cost of tt receipts) 205,800

Selling & Administrative expenses Total (p.a.)

Advertisement 390,000
Postage & telephone/mobile 65,000
Rent rates and taxes 75,000
Travelling & conveyance 124,000
Misc. office expenses 175,000
829,000
Interest Expense
Bank Loan of Rs. 98 lakhs @ 8% p.a. for 10 years Rs. 7,59,898
 M/S. BANAS NEER
PROP. MR. DALRAMBHAI BHAGWANBHAI PATEL
THARAD, DIST. BANASKANTHA - 385565

PROJECT REPORT

ASSESSMENT OF WORKING CAPITAL REQUIREMENT

OPERATING STATEMENT (Rs. in lacs)

PARTICULARS 1st Year 2nd Year 3rd Year 4th Year 5th Year
Projected Projected Projected Projected Projected
Estimate Estimate Estimate Estimate Estimate

(12 M) (12 M) (12 M) (12 M) (12 M)

[1] [2] [3] [2] [3]

1 Gross Sales
I) Domestic Sales 205.80 235.20 267.75 302.40 349.65
ii) Export Sales 0.00 0.00 0.00 0.00 0.00
Total 205.80 235.20 267.75 302.40 349.65

2 LESS GST 0.00 0.00 0.00 0.00 0.00

3 Net Sales (Item 1 minus item 2) 205.80 235.20 267.75 302.40 349.65

4 %age rise (+) or fall (-) in net sales 0.00 14.29 13.84 12.94 15.63
as compared to previuos year

5 Cost of sales :

i) Raw Materials ( incldg. stores and

other items used in the process of
manufacture)
a) Imported
b) Indigenous 147.00 168.00 191.25 216.00 249.75

ii) Other Spares 0.00 0.00 0.00 0.00 0.00

iii) Power & Fuel 6.17 7.06 8.03 9.07 10.49
iv) Direct Labour (Factory wages & salary) 10.08 11.09 12.42 12.89 13.47
v) Other Manufacturing Expenses 2.06 2.35 2.68 3.02 3.50
vi) Depreciation 12.46 12.04 11.46 10.87 10.13

vii) Sub Total (items I to vi) 177.77 200.54 225.84 251.86 287.34

viii) Add : Opening Stocks in Process 0.00 0.00 0.00 0.00 0.00

Sub Total 177.77 200.54 225.84 251.86 287.34

xi) Deduct : Closing Stocks in Process 0.00 0.00 0.00 0.00 0.00

x) Cost of Production 177.77 200.54 225.84 251.86 287.34

 xi) Add : Opening Stock of finished Goods 0.00 14.00 27.60 39.70 50.60

177.77 214.54 253.44 291.56 337.94

xii) Deduct : Clo. Stock of Finished Goods 14.00 27.60 39.70 50.60 58.90

xiii) Sub Total (Cost of Sales) 163.77 186.94 213.74 240.96 279.04

6 Selling ,General and Administrative

Expenses 8.29 9.14 9.87 10.47 11.65

7 Sub Total (item 5 + item 6) 172.06 196.08 223.61 251.43 290.69

8 Operating Profit before interest 33.74 39.12 44.14 50.97 58.96

9 Interest 7.60 7.05 6.45 5.80 5.09

10 Operating Profit After Interest (8-9) 26.14 32.07 37.69 45.17 53.87

11 i) Add other non - operative income:

a) Interest Earned 0.00 0.00 0.00 0.00 0.00

b) OTHER INCOME 0.00 0.00 0.00 0.00 0.00
Sub - total (income) 0.00 0.00 0.00 0.00 0.00

ii) Deduct other non - operative expenses 2.55 3.05 3.85 4.20 4.50

a) Preliminary expenses w/o 0.00 0.00 0.00 0.00 0.00

b) Prior Period Adjustments 0.00 0.00 0.00 0.00 0.00

Sub - total (expenses) 0.00 0.00 0.00 0.00 0.00

iii) Net if other non-operating income/exp.

(net of 11(I) & (ii) -2.55 -3.05 -3.85 -4.20 -4.50

12 Profit / loss before tax 23.59 29.02 33.84 40.97 49.37

13 Provision for taxes 7.08 8.71 10.15 12.29 14.81

14 Net Profit / Loss {item 12 - item 13} 16.51 20.32 23.69 28.68 34.56

15 Dividend Payout 0.00 0.00 0.00 0.00 0.00

Deficit Brought Forward from P.Y. 0 0 0 0 0
16 Retained profit (14-15) 16.51 20.32 23.69 28.68 34.56

17 Retained profit / net profit (%) 100.00 100.00 100.00 100.00 100.00
 M/S. BANAS NEER
PROP. MR. DALRAMBHAI BHAGWANBHAI PATEL
THARAD, DIST. BANASKANTHA - 385565

PROJECT REPORT

ASSESSMENT OF WORKING CAPITAL REQUIREMENT

OPERATING STATEMENT (Rs. in lacs)

PARTICULARS 6th Year 7th Year 8th Year 9th Year 10th Year
Projected Projected Projected Projected Projected
Estimate Estimate Estimate Estimate Estimate
3/31/2027 3/31/2028 3/31/2029 3/31/2030 3/31/2031
(12 M) (12 M) (12 M) (12 M) (12 M)
[1] [2] [3] [2] [3]

1 Gross Sales
I) Domestic Sales 384.23 401.71 429.92 458.64 489.19
ii) Export Sales 0.00 0.00 0.00 0.00 0.00
Total 384.23 401.71 429.92 458.64 489.19

2 LESS GST 0.00 0.00 0.00 0.00 0.00

3 Net Sales (Item 1 minus item 2) 384.23 401.71 429.92 458.64 489.19

4 %age rise (+) or fall (-) in net sales 0.00 4.55 7.02 6.68 6.66
as compared to previuos year

5 Cost of sales :

i) Raw Materials ( incldg. stores and

other items used in the process of
manufacture)
a) Imported
b) Indigenous 274.45 286.94 307.09 327.60 349.42

ii) Other Spares 0.00 0.00 0.00 0.00 0.00

iii) Power & Fuel 11.53 12.05 12.90 13.76 14.68
iv) Direct Labour (Factory wages & salary) 13.89 14.58 15.21 15.87 16.76
v) Other Manufacturing Expenses 3.84 4.02 4.30 4.59 4.89
vi) Depreciation 9.47 8.56 7.96 7.04 6.42

vii) Sub Total (items I to vi) 313.18 326.14 347.45 368.86 392.17

viii) Add : Opening Stocks in Process 0.00 0.00 0.00 0.00 0.00

Sub Total 313.18 326.14 347.45 368.86 392.17

xi) Deduct : Closing Stocks in Process 0.00 0.00 0.00 0.00 0.00

x) Cost of Production 313.18 326.14 347.45 368.86 392.17

 xi) Add : Opening Stock of finished Goods 58.90 64.23 71.48 76.49 82.73

372.08 390.37 418.93 445.35 474.90

xii) Deduct : Clo. Stock of Finished Goods 64.23 71.48 76.49 82.73 88.17

xiii) Sub Total (Cost of Sales) 307.85 318.89 342.44 362.62 386.73

6 Selling ,General and Administrative

Expenses 11.91 12.59 13.27 13.98 14.61

7 Sub Total (item 5 + item 6) 319.76 331.48 355.71 376.60 401.34

8 Operating Profit before interest 64.47 70.23 74.21 82.04 87.85

9 Interest 4.33 3.51 2.61 1.65 0.60

10 Operating Profit After Interest (8-9) 60.14 66.72 71.60 80.39 87.25

11 i) Add other non - operative income:

a) Interest Earned 0.00 0.00 0.00 0.00 0.00

b) OTHER INCOME 0.00 0.00 0.00 0.00 0.00
Sub - total (income) 0.00 0.00 0.00 0.00 0.00

ii) Deduct other non - operative expenses 4.85 5.15 5.70 5.95 6.35

a) Preliminary expenses w/o 0.00 0.00 0.00 0.00 0.00

b) Prior Period Adjustments 0.00 0.00 0.00 0.00 0.00

Sub - total (expenses) 0.00 0.00 0.00 0.00 0.00

iii) Net if other non-operating income/exp.

(net of 11(I) & (ii) -4.85 -5.15 -5.70 -5.95 -6.35

12 Profit / loss before tax 55.29 61.57 65.90 74.44 80.90

13 Provision for taxes 16.59 18.47 19.77 22.33 24.27

14 Net Profit / Loss {item 12 - item 13} 38.70 43.10 46.13 52.11 56.63

15 Dividend Payout 0.00 0.00 0.00 0.00 0.00

Deficit Brought Forward from P.Y. 0 0 0 0 0
16 Retained profit (14-15) 38.70 43.10 46.13 52.11 56.63

17 Retained profit / net profit (%) 100.00 100.00 100.00 100.00 100.00
 M/S. BANAS NEER
PROP. MR. DALRAMBHAI BHAGWANBHAI PATEL
THARAD, DIST. BANASKANTHA - 385565

Projected Balance Sheet Amount in lakhs

Year I II III IV V VI VII VIII IX X

LIABILITIES
Capital A/c 10.07 10.07 10.07 10.07 10.07 10.07 10.07 10.07 10.07 10.07
P&L A/C 16.51 36.83 60.52 89.20 123.76 162.46 205.56 251.69 303.80 360.43
Current
Liab. 8.41 9.47 9.89 10.56 11.21 11.72 12.36 12.87 13.26 13.97
LOAN O/S 91.33 84.11 76.29 67.81 58.64 48.70 37.94 26.29 13.67 -

126.32 140.48 156.77 177.64 203.68 232.95 265.93 300.92 340.80 384.47

Assets
N.F.A. 104.02 93.04 82.00 71.79 62.31 53.35 46.36 38.91 32.37 26.66
Current
Assets 15.69 17.92 19.47 23.43 26.87 29.16 32.43 36.49 40.82 44.91
Cash/bank 22.30 47.44 74.77 105.85 141.37 179.60 219.57 262.01 308.43 357.81

TOTAL 126.32 140.48 156.77 177.64 203.68 232.95 265.93 300.92 340.80 384.47
 M/S. BANAS NEER
PROP. MR. DALRAMBHAI BHAGWANBHAI PATEL
THARAD, DIST. BANASKANTHA - 385565

Cash flow statement Amount in lakhs

Particulars I II III IV V VI VII VIII IX X

SOURCES OF FUND

EBIT 31.19 36.07 40.29 46.77 54.46 59.62 65.08 68.51 76.09 81.50
INC IN LOAN 98 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
DEPRECIATION 12.46 12.04 11.46 10.87 10.13 9.47 8.56 7.96 7.04 6.42
141.65 48.11 51.75 57.64 64.59 69.09 73.64 76.47 83.13 87.92

APPLICATION OF FUNDS
LOAN REPAID 6.67 7.22 7.82 8.47 9.17 9.94 10.76 11.65 12.62 13.67
INTEREST 7.60 7.05 6.45 5.80 5.09 4.33 3.51 2.61 1.65 0.60

TAX 7.08 8.71 10.15 12.29 14.81 16.59 18.47 19.77 22.33 24.27
DRAWINGS 0.00 0.00 0.00 0.00 0.00 0.00 0.93 0.00 0.12 0.00
Invst. in Assets 98.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
119.35 22.98 24.42 26.56 29.07 30.86 33.66 34.03 36.72 38.54

open. balance - 22.30 47.44 74.77 105.85 141.37 179.60 219.57 262.01 308.43

surplus(a-b) 22.30 25.14 27.33 31.08 35.52 38.23 39.97 42.44 46.41 49.38

closing bal. 22.30 47.44 74.77 105.85 141.37 179.60 219.57 262.01 308.43 357.81
 M/S. BANAS NEER
PROP. MR. DALRAMBHAI BHAGWANBHAI PATEL
THARAD, DIST. BANASKANTHA - 385565

Debt Service Coverage Ratio (DSCR)

Particulars I II III IV V VI VII VIII IX X

OPERATING INCOME
OPERATING PROFIT 33.74 39.12 44.14 50.97 58.96 64.47 70.23 74.21 82.04 87.85
(A) 33.74 39.12 44.14 50.97 58.96 64.47 70.23 74.21 82.04 87.85

CURRENT DEBT OBLIGATIONS

PRINCIPAL REPAYMENT 6.67 7.22 7.82 8.47 9.17 9.94 10.76 11.65 12.62 13.67
INTEREST PAID 7.60 7.05 6.45 5.80 5.09 4.33 3.51 2.61 1.65 0.60
(B) 14.27 14.27 14.27 14.27 14.26 14.27 14.27 14.26 14.27 14.27

DEBT SERVICE RATIO (A/B)

A 33.74 39.12 44.14 50.97 58.96 64.47 70.23 74.21 82.04 87.85
B 14.27 14.27 14.27 14.27 14.26 14.27 14.27 14.26 14.27 14.27
(A/B) 2.36 2.74 3.09 3.57 4.13 4.52 4.92 5.20 5.75 6.16
 M/S. BANAS NEER
PROP. MR. DALRAMBHAI BHAGWANBHAI PATEL
THARAD, DIST. BANASKANTHA - 385565

Loan Repayment Schedule

Particulars I II III IV V VI VII VIII IX X

OPENING BAL (PRINCIPAL) (A) 98 91.33 84.11 76.29 67.82 58.65 48.71 37.95 26.29 13.67

LESS : PRINCIPAL REPAID (B) 6.67 7.22 7.82 8.47 9.17 9.94 10.76 11.66 12.62 13.67

INTERST REPAID (C) 7.60 7.05 6.45 5.80 5.09 4.33 3.51 2.61 1.65 0.60

TOTAL REPAYMENT (B+C) 14.27 14.27 14.27 14.27 14.26 14.27 14.27 14.27 14.27 14.27

CLOSING BAL (A - B) 91.33 84.11 76.29 67.82 58.65 48.71 37.95 26.29 13.67 0.00